Property refinancings bring tighter pricing to Singapore
MGP Raffles is preparing to launch a S$635m (US$450m) three-year loan via bookrunner OCBC. Not only is the deal the first sole bookrun deal from Singapore in 2010, it also suggests that there will be no let up in pricing pressure even as the pipeline of new loans from the city state’s real estate sector alone swells to US$4bn.
This content is for Subscribers only
To access full IFRAsia.com story content you must be a subscriber. However, if you are not a subscriber and would like trial access to IFRAsia.com, please register here.